150 Best brooklyn Jobs in Elizabeth, New Jersey (December 2025)

NB1345 - SBA Loan Specialist

20 days ago

Rahway

Job DescriptionNorthfield Bank is a full service bank with 38 branch locations throughout New Jersey; and Staten Island and Brooklyn, New York. With a history dating back to 1887, our growth continues through expansion of our presence in local communities and in our Product and Service offerings. Over 300 employees with diverse backgrounds and cultures have come together to make Northfield Bank what it is today. The Bank believes in providing all employees with the opportunity to reach their career potential and encourages advancement within the organization. For more information, please visit Job Title: SBA Loan Specialist Job Location: Rahway, NJ Job Status: Full-Time Job Summary Primarily will be responsible for supporting and coordinating all aspects of commercial and real estate loan closings and loan portfolio management. Daily responsibilities will include but not limited to supporting Relationship Managers, Portfolio Managers and Team Leaders for loans within the portfolio and new loan originations through loan inputs, payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline and files, etc. Responsibilities Include: • Process all new loan request (i.e. credit reports, flood searches, OFAC, Lexis-Nexis, tax searches, Relationship work ups, 4506T, UCC searches, municipal searches, collateral searches, other property searches and any additional reports related to loan requests), • Enter loans into origination system, • Organizes, scans, and maintains all Loan files for Dept. throughout life of loan, • Contacts applicants to request any required outstanding documentation, • Orders all appraisals, environmental and engineer reports and monitors progress until completion, • Tracks all fees and good faith deposits collected, • Prepares documentation required to obtain commitment letters from Closing Dept., reviews commitments for accuracy, and monitors all stages until loan closes, • Coordinates closings with the attorneys and prepares final Bank paperwork for loan origination, • Verify that loan is input into Bank core processing system correctly, • Maintains all construction files and monitors builders risk insurance, permits and title continuations, • Orders all site inspections, • Prepare and submit invoices for processing, • Prepares all documentation for construction advances and line of credit advances and paydowns, • Assists Portfolio Manager with all Department Internal Reports including but not limited to past due reports, monthly loan trial balance, new loans closed, pay offs and deposit reports, • Follow-up with borrowers on post-closing loan undertakings and escrows, • Handles and services customers with any telephone inquiries regarding new and existing accounts (ACH payments, wire transfers, deposit and loan balances, releases, payoff letters, tax issues, insurance, etc.), • Adheres to Bank policies and procedures, • Perform other duties as assigned Senior: An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and/or HR. (Senior) SBA Loan Specialist Job Summary: Primarily will be responsible for supporting and coordinating all aspects of SBA loan servicing. Daily responsibilities will include but not limited to the oversight and review of SBA loans, input or callback of loan servicing activities such as payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline, reviewing and obtaining expired insurance, preparing files that have been paid in full, etc. Responsibilities Include: • Process Loan payoffs and complete tasks on related checklists including but not limited to collateral release, member communication, and servicing, • Review various loan reports and related documentation on a daily, weekly, and monthly basis to ensure accuracy of information recorded in the core lending system., • Responsible for accurate report retention, • Prepare loan documentation for audits, regulatory and other loan reviews, • Review, scan, and upload files at closing, • Maintain E-Tran procedures, perform service requests, and obtain authorizations, • Prepare files that have been paid in full, • Adheres to Bank policies and procedures, • Perform other duties as assigned Senior: An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and/or HR. Core Competencies: • Productivity - Generates high levels of output. Consistently meets workload demands. Consistently meets deadlines. Efficient at multi-tasking and demonstrates organization skills. Strives for results and efficiency., • Analytical Skills - Ability to take large volumes of data and then analyze trends and produce a result. Ability to breakdown complex problems into simpler, more manageable components. Ability to gather all information necessary to solve a problem, recognize underlying issues based on data and trends, and organize all relevant information to provide insight and ideas on how to draw appropriate conclusions that will help the solve problem., • Accuracy - Ensures that work is complete and without error. Verifies information. Job Requirements: • 3-5 years experience in SBA lending or related fields, • Excellent written and oral communications skills, • Ability to manage priorities and workflow, • Versatility, flexibility, and a willingness to work within constantly changing priorities, • Proficiency in Microsoft Office Suite, • Strong interpersonal skills, • Good judgement with the ability to make timely and sound decisions, • Ability to effectively present information and respond to questions Northfield Bank is an Equal Employment Opportunity Employer M/F/Disability/Protected Veteran

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